The San Antonio Indemnity Company (SAIC) was placed in Receivership on October
31, 2013. As a consequence, SAIC has
been placed in Liquidation under the Insurer Receivership Act, Chapter 443 of
the Texas Insurance Code, for the purpose of liquidating SAIC.

Milford Consulting, LLC has been appointed by the Commissioner of Insurance of
Texas and the Receivership Court as the Special Deputy Receiver (SDR) of San
Antonio Indemnity Company. The SDR,
with the Court's supervision, will be responsible for administration of the
Receivership.

As part of the court proceedings in placing SAIC into liquidation, a permanent
injunction has been issued to stop SAIC from conducting any business as an
insurance company that could harm policyholders and other creditors. In addition, an automatic stay of all
litigation is in effect so that the SDR can review records, determine
priorities, and work to resolve any claims and transfer covered claims to the
Texas Property and Casualty Insurance Guaranty Association also known as TPCIGA.

Policyholder Claims

Policyholder claims will be sent to TPCIGA for handling on the merits of the
claim and subject to coverage under the Texas Guaranty Act provisions.
The SDR Claims staff is attempting to
be sure all information regarding your claims is given to the adjuster at
TPCIGA. The TPCIGA staff will
contact you if there is any portion of your claim that is not covered under the
Guaranty Act.

Non-Cleared Checks

If you received payment on your claim and the settlement check did not clear the
bank, please contact the SDR claims staff for assistance. Your claim will be sent to TPCIGA for
handling. Please provide the SDR
with the information about what check(s) did not clear, so that the SDR can
provide accurate information to the TPCIGA staff.

If you have unpaid bills for services provided to the company in receivership,
(a vendor) the creditor will be asked to file a Proof of Claim (POC). These proofs of claim will be
reviewed and upon review of your POC by the SDR Claims Staff, you will be
notified regarding the classification of your claim. It is unknown at this time if there
will be assets available for the payment of any POC’s filed against the assets
of the estate.

If you have a claim for unearned premium (UEP) because your policy was cancelled
as a result of the Liquidation Order, your policy information and payment
history will be transferred to TPCIGA for handling your UEP claim. However, the information has not yet
reached TPCIGA, so they are unable to answer any of your questions at this time. Please contact the SDR Claims staff
with any questions you may have. Also, please have your agent provide all information about the date you
cancelled your policy, if cancelled prior to October 31, 2013, so that the
correct information can be sent to TPCIGA regarding the dates you had an
insurance policy with SAIC. TPCIGA
does not currently have your UEP information, so again, they will not be able to
answer your questions until they receive your file.